MakeMe Estimate: $8.72M (estimated market value), with a likely range of $6.77M to $10.5M (half of recent verified sales in this segment landed inside that range). Based on 4 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 4 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $4,900,000 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Kent
median verified sale $381.36/SF over the trailing 24 months; 13 sales in the last 12 months and 24 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.87x to 3.00x their county assessed value, median 1.15x (24 sales with usable county values).
2022: $298.86/SF median (14 sales)
2023: $360.42/SF median (10 sales)
2024: $509.09/SF median (8 sales)
2025: $367.19/SF median (12 sales)
2026 YTD: $411.33/SF median (5 sales)
This estimate sits at 1.40x county assessed value, the 79th percentile of those recent sale premiums.
Computed from 390 verified arm's-length sales in King County public records (24 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2021-08-05 for $4,900,000 (recorded arm's-length sale).
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-08-05: $4,900,000 from Private party to Valley RT LLC, rec. 20210809000171
1996-08-16: transfer from Private party to Hazelett Family LLC (non-market transfer), rec. 199608200596
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $3,318,300 (2010) to $6,218,800 (2026), up 87% over 16 years, per county tax rolls. The 2026 roll splits $6,218,800 into $5,495,500 land and $723,300 improvements.
Zoning: GC-MU (per King County)
Lot: 226,621 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Garage, Service Repair 20,025 SF; Automobile Showroom 3,448 SF; Light Commercial Utility Building 840 SF (county building sections)